• Environmental and Resource Economics Review
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• v.23 no.4
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• pp.617-641
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• 2014

Korean electricity market is a Cost-Based Pool (CBP) designed to minimize electricity production cost through cost by providing cost reduction incentives to generators. Generation companies have shown diverse efforts to reduce costs in CBP market such as procuring low-price fuels, installing high efficiency gas turbine and constructing power plants near the heavy-load site. Recently, as a way to improve CBP market, a proposal to exclude no-load cost from System Marginal Price (SMP) and to compensate generators ex post was suggested to Korea Power Exchange. This study analyzes the impact of excluding no-load cost from SMP on the cost reduction incentive of generators. We found that excluding no-load cost from SMP enhances the likelihood of decreasing the cost reduction incentives of LNG combined-cycle generators lying on the price-setting range.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.65 no.6
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• pp.969-978
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• 2016

Around the world are increasing the demand for ESS. Currently, the domestic is expected to benefit by operating ESS. In the domestic, it is expected to benefit from operations of the installed ESS because of the introduction of ESS less capacity. However ESS capacity to the maximum profit occurs is unknown. ESS is different from the charge-discharge characteristics and the reserve to replace, depending on the application. Therefore, it should be established in accordance with the ESS optimal capacity according to the purpose used because it can maximize the quality and efficiency of the electric energy. To the ESS optimal capacity estimation by the purpose used, It should compare the investment cost caused by ESS facility installation and operation cost caused by operating ESS. In this paper, the operation mathematical model for estimating marginal operation costs established. In operation mathematical model, operating cost is considered fuel cost and no-load cost start-up cost. Because no-load cost and start-up cost are not related to cost and power plant output, there are expressed an integer variable costs as a step function.

• 전기의세계
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• v.14 no.4
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• pp.8-17
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• 1965

Firstly, this study has analyzed the following factors affecting the optimum specifications and design of distributive transformers: 1. Facilities installation cost per unit power output. 2. Facilities operating & maintenance cost per unit power output. 3. Production cost per unit power output. 4. Load factor. 5. Loss factor. Secondly, it has clarified the relations between the following factors and the specifications and design of distributive transformers; 1. No-load loss., 2. Load loss., 3. Voltage regulation., 4. Exciting current. Finally, it has determined the method of the most economic design for the transformers using the above factors and relations, and, for optimum the illustrative purpose, suggested their optimum specifications, way of evaluation, and merits by means of typical example.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.50 no.9
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• pp.431-439
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• 2001

This Paper illustrates a new numerical analysis method using a nodal effective load model for nodal probabilistic production cost simulation of the load point in a composite power system. The new effective load model includes capacities and uncertainties of generators as well as transmission lines. The CMELDC(composite power system effective load duration curve) based on the new effective load model at HLll(Hierarchical Level H) has been developed also. The CMELDC can be obtained from convolution integral processing of the outage capacity probabilistic distribution function of the fictitious generator and the original load duration curve given at the load point. It is expected that the new model for the CMELDC proposed in this study will provide some solutions to many problems based on nodal and decentralized operation and control of an electric power systems under competition environment in future. The CMELDC based on the new model at HLll will extend the application areas of nodal probabilistic production cost simulation, outage cost assessment and reliability evaluation etc. at load points. The characteristics and effectiveness of this new model are illustrated by a case study of MRBTS(Modified Roy Billinton Test System).

• Journal of the Korea Society for Simulation
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• v.13 no.4
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• pp.43-53
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• 2004

The distributed OCSP (Online Certificate Status Protocol), composed of multiple responders, is a model that enhances the utilization of each responder and reduces the response time. In a multi-user distributed environment, load balancing mechanism must be developed for the improvement of the performance of the whole system. Conservative load balancing algorithms often ignore the communication cost of gathering the information of responders. As the number of request is increased, however, fail to consider the communication cost may cause serious problems since the communication time is too large to disregard. We propose an adaptive load balancing algorithm and evaluate the effectiveness by performing modeling and simulation. The principal advantage of new algorithm is in their simplicity: there is no need to maintain and process system state information. We evaluated the quality of load balancing achieved by the new algorithm by comparing the queue size of responders and analyzing the utilization of these responders. The simulation results show how efficiently load balancing is done with the new algorithm.

• ETRI Journal
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• v.45 no.3
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• pp.433-447
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• 2023

Critical issues such as connection congestion, long transmission delay, and packet loss become even worse during epidemic, disaster, and so on. In this study, a link load balancing method is proposed to address these issues on the data plane, a plane of the software-defined network (SDN) architecture. These problems are NP-complete, so a meta-heuristic approach, discrete particle swarm optimization, is used with a novel hybrid cost function. The superiority of the proposed method over existing methods in the literature is that it provides link and switch load balancing simultaneously. The goal is to choose a path that minimizes the connection load between the source and destination in multipath SDNs. Furthermore, the proposed work is dynamic, so selected paths are regularly updated. Simulation results prove that with the proposed method, streams reach the target with minimum time, no loss, low power consumption, and low memory usage.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.15 no.6
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• pp.257-266
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• 2015

There is no polynomial-time algorithm that can be obtain the optimal solution for economic load dispatch problem with non-convex fuel cost functions. Therefore, electrical field uses quadratic fuel cost function unavoidably. This paper proposes a valve-point optimization (VPO) algorithm for economic load dispatch problem with non-convex fuel cost functions. This algorithm sets the initial values to maximum powers $P_i{\leftarrow}P_i^{max}$ for each generator. It then reduces the generation power of generator i with an average power cost of $_{max}\bar{c}_i$ to a valve point power $P_{ik}$. The proposed algorithm has been found to perform better than the extant heuristic methods when applied to 13 and 40-generator benchmark data. This paper consequently proves that the optimal solution to economic load dispatch problem with non-convex fuel cost functions converges to the valve-point power of each generator.

• Journal of Korean Institute of Industrial Engineers
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• v.20 no.2
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• pp.39-50
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• 1994

Most research results on the throughput of unit-load automated storage retrieval (AS/R) systems assume the randomized storage; that is, all slots In the entire rack are equally likely to be selected for the storage location. However, for the most existing AS/R systems which use Closest Open location storage policy, Park[6] mathematically showed that this assumption results in a significant difference from the actual performance of AS/R systems. In this study, we present more details about the performance of the unit-load AS/R systems by considering the rack utilization and rack density; and examine their impact on the throughput of AS/R systems by using computer simulation. A new storage policy named Shortest Cycle Location(SCL) is proposed. Simulation results indicate that the performance of SCL policy consistently outperforms the Closest Open location storage policy. We also define the "Extra-Cost Zone" compared to the "No-Cost Zone"[3] and explore its geometric and practical meaning.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.8
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• pp.1172-1180
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• 2017

This study analyzed competition in peak load plants between CCGT and GT instead of competition between base and peak load plants like in previous studies. In common overseas power markets, CCGT and GT claim certain market shares as peak load plants with the latter boasting a high utilization rate as reserve plants. In South Korea, however, there has been no introduction of GT in the market that opened in 2001 with no analysis cases of GT's economy as a peak load plant. The current power market of South Korea is run on the cost-based pool, which allows for no price spikes. Since the capacity payment criteria for compensations for missing money are set based on GT generators, the power market uses GT generators as marginal plants. The purposes of this study were to analyze the competitive edge of GT generators as peak load plants in the domestic power market of South Korea and identify the causes of GT's failure in market entry, thus assessing the adequacy of market signals in the domestic power market.

• Journal of Power Electronics
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• v.15 no.3
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• pp.712-720
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• 2015

A model predictive current control (MPCC) method that does not employ a cost function is proposed. The MPCC method can decrease common-mode voltages in loads fed by three-phase voltage-source inverters. Only non-zero-voltage vectors are considered as finite control elements to regulate load currents and decrease common-mode voltages. Furthermore, the three-phase future reference voltage vector is calculated on the basis of an inverse dynamics model, and the location of the one-step future voltage vector is determined at every sampling period. Given this location, a non-zero optimal future voltage vector is directly determined without repeatedly calculating the cost values obtained by each voltage vector through a cost function. Without utilizing the zero-voltage vectors, the proposed MPCC method can restrict the common-mode voltage within ± V_dc/6, whereas the common-mode voltages of the conventional MPCC method vary within ± V_dc/2. The performance of the proposed method with the reduced common-mode voltage and no cost function is evaluated in terms of the total harmonic distortions and current errors of the load currents. Simulation and experimental results are presented to verify the effectiveness of the proposed method operated without a cost function, which can reduce the common-mode voltage.